The Fintech Times

NOVEMBER 8, 2024

Global asset manager and Swiss bank UBS has developed and successfully piloted a blockchain-based payment solution, aiming to increase efficiency and transparency, as well as enable the programmability of money movements for corporate and institutional clients. UBS plans to further expand and develop its UBS Digital Cash offering.

Cross-Border

Finextra

JUNE 29, 2025

Market Size Value of cross-border payments is estimated to reach a minimum $ 250 trillion by 2027. Global non-cash commercial payments will grow at a CAGR of 11.3% 60% of corporate banks agree that cross-border real-time payments infrastructure brings a revenue opportunity.

Cross-Border Payments

Fintech Review

NOVEMBER 20, 2024

In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-border payment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments.

Cross-Border Payments

The Fintech Times

NOVEMBER 18, 2024

Cross-border payments in the MENA region have faced challenges such as high costs, slow processing times and limited transparency. The post Mastercard’s Entry into Buna: What It Means for the Future of MENA Cross-Border Payments appeared first on The Fintech Times.

Cross-Border Payments

The Payments Association

JULY 29, 2025

Led by Vitus Rotzer, chief product officer for financial messaging, Bottomline was recently recognised for its contributions to the payments industry, including being named Best Cross-Border Payments Provider in North America at the 2025 International Banker Awards.

ISO 20022

Fintech Finance

MARCH 6, 2025

The launches, by the Bank of Kigali in Kigali on 26 th February and KCB in Nairobi on 27 th February, made the two banks the first in their respective countries to integrate the transformative system into their operations, underscoring their commitment to championing intra-African trade and supporting the efforts of the AfCFTA.

Cross-Border Payments

Fintech News

DECEMBER 5, 2024

Thai regulators approved the first cross-border payment solution using stablecoins in October, while the Philippine central bank launched a peso stablecoin pilot earlier this year. Pollak emphasized that stablecoins aim to modernize legacy financial systems rather than replace national currencies.

Stablecoins

The Payments Association

JUNE 3, 2025

James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money. Central bank digital currencies (CBDCs) have rapidly evolved from theoretical concepts into live pilots and national deployments.

CBDC

Fintech Finance

JULY 17, 2025

UPI PayNow Linkage is expanding with the addition of 13 more Indian banks, streamlining India-Singapore real-time remittance options. This update for real-time cross-border payments makes it easier for people, especially migrant workers and students, to send and receive money between the two countries safely and easily.

Cross-Border

Fintech News

APRIL 8, 2025

The announcement was made during the launch of the second phase of the Malaysia-Cambodia cross-border QR payment linkage, held on 8 April 2025 on the sidelines of the 12th ASEAN Finance Ministers and Central Bank Governors Meeting in Kuala Lumpur.

Cross-Border

Clearly Payments

OCTOBER 31, 2024

America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest.

Online and Mobile Banking

Fintech Finance

JUNE 5, 2025

Payall Payment Systems , the world’s first provider of end-to-end infrastructure that enables financial institutions to offer institutional-grade, safe, fast, low-cost, transparent and inclusive cross-border payments for B2X, P2X and G2X use-cases, has selected Ventura Capital to lead their Growth Round raise.

Cross-Border Payments

The Fintech Times

JULY 10, 2025

Australia’s central bank and a government-backed research centre have selected 24 industry participants to trial digital settlement systems for tokenised assets, in a project exploring the future of wholesale finance. The pilots span asset classes such as fixed income, private markets, trade receivables and carbon credits.

Central Bank

The Fintech Times

NOVEMBER 6, 2024

. “For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience. Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.”

Product

Fintech News

APRIL 2, 2025

A consortium of central banks has formally established Nexus Global Payments (NGP) in Singapore to manage a new multilateral cross-border payment system. Following the release of a blueprint in July 2024, the founding central banks are providing the initial capital to build and launch the platform.

Global Payments

Fintech News

JANUARY 21, 2025

Regional integration is playing a key role, with governments accelerating their efforts to enhance cross-border commerce and digital economy participation. The initiative seeks to establish multilateral linkages of national retail payment systems. Technological advancements are another driver of open finance in Southeast Asia.

Payment APIs and Integration

The Payments Association

APRIL 28, 2025

Key insights from the PAY360 2025 survey on current challenges and opportunities in the payments sector. It highlights how industry leaders are prioritising AI, cross-border payments, and digital currencies while grappling with regulatory, technological, and customer demands. Why is it important? What’s next?

Cross-Border Payments

Fintech News

JUNE 17, 2025

A key feature on its way to mobile wallets is support for card networks and domestic bank transfer networks alongside international cross-border payment rails.

Digital Payments

Fintech News

FEBRUARY 28, 2025

The significance of cross-border payments has never been greater. Yet, despite the rise of instant domestic payments, cross-border transactions remain slow, costly, and inefficient. However, these systems are not inherently connected across borders, making international transactions much more cumbersome.

Cross-Border Payments

The Fintech Times

MAY 8, 2025

Global paytech EBANX , which specialises in payment services for emerging markets, has successfully integrated UPI Autopay, the recurring payments feature of Indias instant payments system, Unified Payments Interface (UPI), into its cross-border payments platform.

Cross-Border

The Payments Association

MARCH 19, 2025

Notably, the rise of cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) are transforming the digital payments landscape. This uncertainty creates serious compliance challenges, including: Non-compliance risks, with businesses potentially facing fines, legal scrutiny, or even banking restrictions.

Cross-Border

The Fintech Times

MARCH 7, 2025

KCB and Bank of Kigali customers can now send and receive cross-border payments using PAPSS. The service is fully operational and accessible via the banks mobile applications and branch networks, enabling seamless transactions across African borders.

Settlement

The Payments Association

JANUARY 21, 2025

Will Marwick CEO, IFX Payments The Payments Report 2024 highlights the growing impact of digital currencies, particularly stablecoins, as transformative payment solutions. The report notes how stablecoins, supported by regulatory developments, are driving advancements in digital commerce and cross-border transactions.

Payments Trends

Fintech Finance

JULY 6, 2025

Developed by the African Export-Import Bank (Afreximbank) in partnership with the African Union and the AfCFTA Secretariat, PAPSS enables real-time, efficient, and cost-effective cross-border payments in local currencies.

Settlement

The Fintech Times

FEBRUARY 2, 2025

It has been a busy few days for the Central Bank of Brazil as it announces another company has acquired a payment institution (PI) licence. With its new PI licence, AstroPay will deliver secure, compliant, and user-friendly cross-border payment solutions. per cent.

Payments Institute

Fintech News

NOVEMBER 12, 2024

To address this, stakeholders including NETS Group and Liquid Group are working on interoperable QR payment solutions that are designed to simplify processes for merchants, Chia said. On the international front, cross-border payments have presented a different set of challenges.

FinTech

The Fintech Times

JUNE 20, 2025

Cross-border payment platform dLocal has secured three new licences and authorisations from regulatory bodies in the United Arab Emirates, Turkey, and the Philippines. In the United Arab Emirates , dLocal has been granted a Payment Services Licence.

Cross-Border Payments

The Fintech Times

MARCH 8, 2025

TerraPay , the cross-border payment solution provider, is partnering with Banque du Caire (BDC), one of the largest financial institutions in Egypt, to enhance remittance services across the country.

Cross-Border Payments

The Fintech Times

JUNE 2, 2025

Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), is enhancing Jaywan , the UAEs domestic card scheme, by signing co-badging agreements with international card schemes, including Discover , Mastercard , UnionPay and Visa.

Agreements

Fintech Finance

JANUARY 31, 2025

AstroPay , a global leader in digital financial solutions, is redefining financial connectivity in Brazil with its strategic expansion and acquiring a coveted Payment Institution (PI) license issued by the Central Bank of Brazil. The companys streamlined approach to cross-border payments delivers substantial savings for users.

Payments Institute

Finextra

JUNE 11, 2025

Future Outlook based on Government Policies and RBI Initiatives Indias future payment landscape will be shaped by a continued push towards digitization, financial inclusion, security, and internationalization, guided by the RBIs "Payments Vision 2025" and governments "Digital India" initiatives.

Financial Inclusion

Fintech Finance

MARCH 27, 2025

LankaPay – Sri Lankas National Payment Network – announced their partnership with Ant International , a leading global digital payment, digitisation and financial technology provider, to launch Alipay+ acceptance in Sri Lanka at a press conference held on 25 th March 2025 at the Shangri-La Hotel, Colombo.

Cross-Border

Fintech Finance

NOVEMBER 21, 2024

Digital Asset Tokenisation System: Provides a robust production-grade platform for financial institutions, such as banks and investment firms, to tokenise real-world assets and manage them within a regulated environment. Financial innovation is not limited to central banks. by 2024.

Payment Networks

The Fintech Times

FEBRUARY 17, 2025

That is why we are actively involved in various central bank digital currencies, tokenised deposits and, of course, stablecoins projects. “We are introducing solutions and instruments that service this market and meet the growing client demand.

Stablecoins

Fintech Finance

MARCH 6, 2025

In a strategic move to enhance remittance services in Egypt, TerraPay , a global leader in cross-border payment solutions, has partnered with Banque du Caire (BDC) , one of Egypts premier financial institutions.

Cross-Border Payments

The Paypers

JUNE 17, 2025

According to the official press release, Western will leverage its technological development and its deep history in the cross-border remittance industry. Following this announcement, the collaboration aims to support fast and efficient money movement between Canada and 200 countries and territories around the world.

Cross-Border

The Fintech Times

JULY 7, 2025

Morocco has become the 17th country to welcome the Pan-African Payment and Settlement System (PAPSS), a centralised financial market infrastructure that enables the efficient flow of money securely across African borders, as Bank Al-Maghrib officially signed the PAPSS membership agreement.

Agreements